Peapack-Gladstone Financial Corp., parent of Peapack-Gladstone Bank, has promoted two executives to the roles of president of commercial banking and market president and head of commercial & industrial lending, it announced this week.
The Bedminster-based bank said in a news release that Gregory M. Smith will now be president of commercial banking, leading the business across the organization. Meanwhile, Stuart Vorcheimer will take on the roles of market president and head of C&I lending, leading the bank’s team of commercial private bankers.
“Both Greg and Stuart are proven, highly skilled leaders with exceptional performance, management and strategy expertise in building and managing cross-functional teams, with an approach to banking focused on teamwork, dedication and commitment,” CEO and President Doug Kennedy said in a prepared statement.
Both men are veterans of the banking industry: Smith also has worked for Capital One Bank and Summit Bank in executive roles, while Vorcheimer also served in executive positions with Capital One and Bank of America.